Vector (NZSE:VCT) Construction In Progress : NZ$0 Mil (As of Dec. 2023)

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What is Vector Construction In Progress?

Vector's quarterly construction in progress increased from Dec. 2022 (NZ$0 Mil) to Jun. 2023 (NZ$152 Mil) but then declined from Jun. 2023 (NZ$152 Mil) to Dec. 2023 (NZ$0 Mil).

Vector's annual construction in progress increased from Jun. 2021 (NZ$91 Mil) to Jun. 2022 (NZ$114 Mil) and increased from Jun. 2022 (NZ$114 Mil) to Jun. 2023 (NZ$152 Mil).

Vector Construction In Progress Historical Data

The historical data trend for Vector's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Vector Construction In Progress Chart

Vector Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Construction In Progress

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110.10

98.60

91.40

113.50

151.80

Vector Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Construction In Progress	Get a 7-Day Free Trial															-	113.50	-	151.80	-

Vector Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Vector (NZSE:VCT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Vector Ltd (NZSE:VCT) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

VETTF:USA

Address

101 Carlton Gore Road, Newmarket, Auckland, NTL, NZL, 1023

Website

https://www.vector.co.nz

Vector Ltd is a New Zealand infrastructure company. The company's operating segment includes Regulated Networks; Gas Trading and Metering. It generates maximum revenue from the Regulated Networks segment. The regulated Networks segment includes Auckland electricity and gas distribution services. Gas Trading includes Natural gas and LPG sales, storage, and transportation. The Metering segment includes Metering services.

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